CRM has been selling off on the news of the acquisition of SLACK and as a result, the stock has managed to fill the pre-earnings gap. Currently, CRM is trading at the lower range of the 4 HR channel and is also forming a massive flag on a longer timeframe looking ready to reverse and return back to the upper channel. I'm looking for a break above 230 for long swings with stops below the 222 and targets 238, 247, 254. The above ideas are my own and should not be treated as investment advice of any kind. Please do your own DD before investing.
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